Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 22, 2024 |
referred to banks delivered to senate passed assembly |
Jan 18, 2024 |
advanced to third reading cal.226 |
Jan 16, 2024 |
reported |
Jan 03, 2024 |
referred to banks |
Feb 27, 2023 |
referred to banks |
Assembly Bill A5019
2023-2024 Legislative Session
Sponsored By
HYNDMAN
Current Bill Status - In Senate Committee Banks Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Eddie Gibbs
Aileen Gunther
Pamela J. Hunter
Angelo Santabarbara
multi-Sponsors
Dana Levenberg
Philip Ramos
2023-A5019 (ACTIVE) - Details
- See Senate Version of this Bill:
- S2877
- Current Committee:
- Senate Banks
- Law Section:
- Banking Law
- Laws Affected:
- Add §9-aa, Bank L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S6865
2019-2020: S2535
2021-2022: S5811
2023-A5019 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5019 2023-2024 Regular Sessions I N A S S E M B L Y February 27, 2023 ___________ Introduced by M. of A. HYNDMAN -- read once and referred to the Commit- tee on Banks AN ACT to amend the banking law, in relation to prohibiting financial institutions from charging a fee for periodic paper statements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The banking law is amended by adding a new section 9-aa to read as follows: § 9-AA. FEES FOR PERIODIC PAPER STATEMENTS PROHIBITED. NOTWITHSTAND- ING ANY OTHER PROVISION OF LAW OR RULE OR REGULATION TO THE CONTRARY, NO FINANCIAL INSTITUTION SUBJECT TO THE PROVISIONS OF THIS CHAPTER, INCLUD- ING ANY BANK, TRUST COMPANY, SAVINGS BANK, SAVINGS AND LOAN ASSOCIATION, CREDIT UNION, MORTGAGE BROKER, MORTGAGE BANKER, OR OTHER INVESTMENT ENTITY, WHETHER HEADQUARTERED WITHIN OR OUTSIDE THE STATE, WHICH PROVIDES AN ACCOUNT TO A CUSTOMER SHALL CHARGE A FEE FOR PERIODIC PAPER STATEMENTS WHEN SUCH STATEMENTS ARE REQUIRED FOR AN APPLICATION FOR PUBLIC ASSISTANCE AS DEFINED IN SUBDIVISION NINETEEN OF SECTION TWO OF THE SOCIAL SERVICES LAW. § 2. This act shall take effect on the ninetieth day after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04605-01-3
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